Retirement plan

ATLANTA COMMERCIAL TIRE INC 401K PROFIT SHARING PLAN

Name: ATLANTA COMMERCIAL TIRE INC - ATLANTA COMMERCIAL TIRE INC 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: ATLANTA COMMERCIAL TIRE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATLANTA COMMERCIAL TIRE INC 401K PROFIT SHARING PLAN, ATLANTA COMMERCIAL TIRE INC

ATLANTA COMMERCIAL TIRE INCEIN 58-1095104Plan #001PY 2018

5067 KENNEDY ROAD - FOREST PARK, GA 302972017404-351-8016LinkedIn1-10 employeeshospital & health care

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$6M

-3.0% from 2017

Total participants

288

+2.1% from 2017

Average account balance

$21,134

-14.9% from 2017

Annual return

-8.56%

-20.20 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$11.10M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$36K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

307

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$509K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.15%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$396

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES INTL Service code 28 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Investment Management	$55,034
SCHACHLE BENEFIT SERVICES INC4+ years Service code 12 · EIN 58-2427992 PO BOX 142128 · FAYETTEVILLE, GA 30214	Claims processing; Recordkeeping fees...	$25,158

Plan features & details

Pension benefit codes2A2J3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$80K

$390 / participant

Investment mgmt$55K68.6%
Contract admin$25K31.3%
Other / not subdivided$880.1%

% of EOY assets

1.333%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BROWN NELMS & CO PC
Auditor EIN: 581737336
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,134

$44,873-52.9%

$79,466-73.4%

$56,287-62.5%

Participation rate

98.5%

68.7%+29.8pp

73.3%+25.2pp

69.9%+28.7pp

Annual return

-8.56%

0.81%-9.4pp

718.28%-726.8pp

-9.96%+1.4pp

Employer contribution / active EE

$2,043

$2,140-4.5%

$2,800-27.0%

$2,111-3.2%

Participant deferral / active EE

$868

$2,746-68.4%

$3,704-76.6%

$3,350-74.1%

Admin fee / account holder

$282

$418-32.7%

$5,104-94.5%

$521-45.9%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES INTL

Service code 28

880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Investment Management

$55,034

SCHACHLE BENEFIT SERVICES INC4+ years

Service code 12 · EIN 58-2427992

PO BOX 142128 · FAYETTEVILLE, GA 30214

Claims processing; Recordkeeping fees...

$25,158

ATLANTA COMMERCIAL TIRE INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATLANTA COMMERCIAL TIRE INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion